CrossFi, a blockchain solutions company, has launched its EVM-compatible mainnet with a bold mission: to reshape the future of global crypto payments. While the blockchain sector has seen unprecedented growth, CrossFi aims to solve one of its biggest challenges — bridging the gap between digital currencies and traditional financial systems. Their payment solution allows crypto to be seamlessly integrated into everyday life, offering the ability to use digital assets just as fiat currencies.
In an exclusive interview with BeInCrypto, CrossFi CEO Alexander Mamasidikov shared insights into the company’s origins, the obstacles they’ve faced along the way, and the unique approach they’ve taken to create a truly decentralized, efficient, and user-friendly payment system.
Solving a Major Problem in the Crypto Space
The company’s journey began by addressing a critical pain point for crypto users: how to spend digital assets. While many individuals were earning crypto, using it in real-world transactions remained challenging.
“We were earning crypto, but spending it was difficult. You had to make calls, take risks, or search for intermediaries to exchange it. At that time, the market was highly unstable, and many people were even jailed for exchanging, buying, or selling cryptocurrency,” Mamasidikov recalled.
These hurdles made it clear that there was a significant gap between the potential of cryptocurrencies and their practical applications. In response to this problem, CrossFi set out to build a payment solution that mimicked the convenience of fiat currencies, allowing users to spend crypto without the friction of converting it first.
“Our goal was to eliminate any noticeable difference between using cryptocurrency and traditional fiat money. Essentially, we wanted people to be able to use crypto in their daily lives just as easily as they use fiat, at any time. To achieve this, we developed a payment solution — a blockchain-based system — that facilitates smooth settlements betwee
Go to Source to See Full Article
Author: Daria Krasnova
